Renewables overtake fossil fuels in EU power generation for first time ever
For the first time ever, the EU has produced more electricity in a year from renewable energy sources than from fossil fuels.
Petrol completes takeover of electricity supplier E3
Slovenian energy group Petrol has completed the takeover of electricity supplier E3, a subsidiary of state-run power distribution company Elektro Primorska, nearly a year after signing an acquisition agreement. Petrol signed the deal to buy 100% of E3 for about EUR 15 million in February 2020, after outbidding Slovenian energy group GEN-I and state-owned electricity […]
Romania’s Transelectrica to double cross-border power transmission capacity
On January 1, Transelectrica will have a cross-border export capacity of 2.8 GW and the ability to import power at a volume of 3 GW
Greece tests Peloponnese-Crete link – world’s longest undersea AC cable
Crete's first interconnection with the mainland, via the Peloponnese, was successfully tested. It is the world's longest alternating current cable system
TPP Ugljevik takes desulfurization unit offline on lack of operation permit
The Ugljevik coal complex has lifted its power prices due to the new desulfurization unit, but it can't regularly work without an operation permit
First floating solar power plant project initiated in Greece
PPC Renewables plans to install floating solar power plants with 50 MW in total, starting with a project on one of the largest lakes in Greece
Professors say coal already uncompetitive, energy transition must accelerate in region
Energy transition into renewables is necessary and more cost effective even than to maintain coal thermal power plants, the academic community claims
GEN-I to roll out option to supply power produced without fossil fuels
Households and firms in Slovenia will soon be able to purchase power produced only from carbon-free sources, as GEN-I plans to introduce the offer in January. It said it would sell electricity from solar, nuclear and hydroelectric facilities. GEN-I committed to a future without fossil fuels. The Slovenian company said it would be the first […]